Apr 29 2008
Health Care: Trends in Availability and Cost
Health Care and Benefits continue to be a big topic of conversation, especially in this election year. Here are few interesting statistics from the (EBRI) Employee Benefit Research Institute. They have a great site and you can view the entire article at:
Health Insurance: Trends in Availability and Cost
Average premiums for employee-only coverage increased from $28 to $52 per month from 2000 to 2006, an 86 percent increase. Average family-coverage premiums increased from $138 to $248 per month from 2000 to 2006, an 80 percent increase. In contrast, the consumer price index (CPI) increased by 17 percent from 2000 to 2006.
From 2000 to 2007, the cost of employment-based health benefits doubled, while wages and overall inflation increased only 25 percent.
Between 1994 and 2000, the percentage of workers with health benefits through an employer held steady between 73 percent and 75 percent. Since 2000, the percentage of workers with health benefits has fallen to about 71 percent.
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